Money

According to the EIA, crude inventories fell by 2.7 million barrels in the week to October 6 compared with analysts' expectations for a decrease of 2 million barrels. The rebound in U.S. oil production this year, reversing an annual decline of around 550,000 b/d recorded in 2016 - the first drop after seven successive years of growth - has been a major factor eroding the impact of the 1.72 million b/d of production cuts pledged by 22 OPEC and non-OPEC producers in a bid to rebalance the market ... (more...)

About 240,513 shares traded. Magna International Inc. (TSE:MG) has 0.00% since October 12, 2016 and is. It has underperformed by 13.85% the S&P500. Also, insider Jen Hsun Huang sold 110,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. (more...)

Younes Delfi opened the scoring for Iran six minutes after the whistle. The Iranians would not be denied a second goal, and it was Delfi that converted a free-kick in the Germany six-yard box for a deserved two-goal lead on 42 minutes. In other contest, Germany will start as favourites when they take on Asian heavyweights Iran in a Group C. Both the teams registered opening victories with Germany getting past Costa Rica 2-1 and Iran beating Guinea 3-1. (more...)

Franklin Resources Inc. now owns 2,776,200 shares of the basic materials company's stock valued at $26,688,000 after buying an additional 15,000 shares in the last quarter. While considering EPS estimates of the company, it has next quarter growth estimates of 0.17 whereas during current year it has 0.18 estimations over growth, comparing to the estimations of 0.82 during next year . (more...)

Compared to a year ago, Greater Vancouver house prices are appreciating at a much healthier pace. The price index for Hamilton slipped 1.9 per cent. After a almost 10-month correction, the activity in the region rebounded but last quarter prices showed manageable growth. (more...)

DJI's aim for the Zenmuse X7 camera is to be the all in one choice for aerial cinematography by offering this range of resolutions, frame rates and formats that can match with many production cameras. With professional cinematography in mind, the D-Log can encode 15 stops of dynamic range, two stops higher than the Zenmuse X5S. It has promising crisp, dynamic range of 14 stops, editing ready video along with sufficient amount of detail in low light. (more...)

The stock of SunTrust Banks, Inc . If SunTrust Banks, Inc . Park National Corp OH now owns 9,907 shares of the financial services provider's stock valued at $562,000 after buying an additional 80 shares in the last quarter. The stock has a 50-day moving average of $56.84 and a 200 day moving average of $56.25. Suntrust Banks Inc . had 79 analyst reports since July 20, 2015 according to SRatingsIntel. (more...)

AT&T said in its filing that the decline of traditional video subscribers will negatively impact its entertainment group revenue and margins. AT&T Inc. "It should be clear that DirecTV, like all of its cable peers, is suffering from the ravages of cord-cutting", said Craig Moffett, analyst at MoffettNathanson, in an email. (more...)

Ltd. grew its position in Starbucks Corporation (NASDAQ: SBUX ) by 8.3% in the second quarter, according to its most recent filing with the SEC. It has underperformed by 4.22% the S&P500. During the same quarter in the prior year, the company earned $0.49 earnings per share. Jacobi Capital Management LLC now owns 1,878 shares of the coffee company's stock valued at $109,000 after purchasing an additional 50 shares during the period. (more...)

Equities analysts forecast that Office Depot, Inc . will post $0.46 earnings per share for the current year. About 2.11M shares traded. Office Depot Inc now has $1.95 billion valuation. The firm has "Sell" rating given on Wednesday, May 11 by Jefferies. The rating was maintained by Bank of America on Tuesday, September 5 with "Buy". Office Depot, Inc . (more...)

The company has market cap of $859.09 million. In the latest session the stock moved -1.10%, putting the stock value at $149.01. About shares traded. Achillion Pharmaceuticals, Inc. The company was upgraded on Wednesday, February 8 by Avondale. The company was reinitiated on Thursday, May 11 by Piper Jaffray. Wunderlich maintained the stock with "Buy" rating in Friday, February 12 report. (more...)

It has underperformed by 21.16% the S&P500. (NASDAQ:QCOM). Bryn Mawr Company holds 0.44% of its portfolio in QUALCOMM, Inc. The firm owned 62,937 shares of the oil and gas company's stock after selling 5,159 shares during the period. Investment Counselors Of Maryland invested in 3,711 shares or 0.01% of the stock. 586,402 are held by Jpmorgan Chase. Pioneer Inv Mgmt holds 2.59 million shares. (more...)

It has underperformed by 6.78% the S&P500. The Massachusetts-based New Generation Advisors Llc has invested 4.2% in the stock. In this case, shares are up 1.46% from $27.22, the 52-week high touched on October 11, 2017, and are keeping their losses at 70.62% for the past 12 months. (more...)

The move will idle about 1,500 employees who work on four models, including the Buick LaCrosse, the Cadillac CT-6, the Chevrolet Volt and the Chevrolet Impala. That reduction in output will cost about 200 workers their jobs. GM and its peers have been cutting production at auto plants as consumers have rapidly shifted to buying sport utility vehicles. (more...)

On the other hand, Sri Lanka were blanked 0-5 by India in the ODI series for a dismal recent record. Whereas, skipper Sarfraz Ahmed has gained one place to reach 32nd position. Legspinner Jeffrey Vandersay, who last played in the format against South Africa in February, too earned a call-up, along with Dushmantha Chameera, who will be part of the Upul Tharanga-led Sri Lankan pace stocks alongside Nuwan Pradeep, Suranga Lakmal and Viswa Fernando. (more...)

National Revenue Minister Diane Lebouthillier directed the CRA on Wednesday to remove from its website the new wording at the heart of the debate following strong objections from the business community. The 2016 update to the language around employee discounts is the result of the CRA changing its interpretation of the existing tax law, not a change to the law itself. (more...)